Fewer Homes Sold, More Money Spent: ₹1 Crore+ Apartments Drive India’s Housing Market in 2025

India’s residential market sold fewer homes in 2025, but buyers spent more as ₹1 crore-plus apartments dominated sales, pushing market value higher despite an 11% fall in unit volumes.

Affordable Homes Slip Away: Construction Costs Up 40%, Affordable Housing Share Falls to 12%

Affordable housing is fast slipping out of reach for Indian homebuyers. Construction costs are up 40% in five years, and affordable housing supply has shrunk from 40% in 2019 to just 12% in H1 2025

Luxury Housing Defies Slowdown: NCR Sales Up 9% in H1 2025, Gurugram Commands 91% Share

Delhi NCR’s luxury housing market defied the slowdown in H1 2025, posting a 9% YoY sales rise to 5,168 units. Gurugram dominated with 91% of regional sales, fuelled by hotspots like Southern Peripheral Road and Dwarka Expressway, according to JLL.

Housing Prices Surge in 2024, Delhi NCR Leads with 31% Growth

India’s housing market experienced a significant price surge in 2024, with average prices rising 10% YoY. Delhi NCR led the growth with a 31% increase, followed by Bengaluru at 23%. The luxury and ultra-luxury segments played a key role in driving demand, while unsold inventory levels declined for the fourth consecutive quarter. Experts anticipate continued price appreciation in 2025, supported by strong buyer confidence and evolving housing preferences.

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.